For our downtrending candidates, Lorrilard (LO), Kraft Foods (KFT), Diamond Offshore (DO), and Hershey (HSY – which was an intraday downtrender yesterday) rise to the top of the “downtrending” stock scan.

As always, monitor sector breadth with intraday trend and the potential for these stocks to continue their current trends, or reverse them (depending on the type of strategy you prefer as a trader).